Does a "charge" card hurt your score?

I just pulled my fico score (trans union) for the first time. Thankfully I am semi-pleased with the results :-). The only thing that concerns me is my charge card. It's an American Express green and I use it for almost everything. Therefore I usually have a high balance at the end of the month, anywhere from $1K - $4K. Now as this is a charge card I pay it off in a full at the due date. Is the fact that it's reporting such a high balance going to hurt my score?

Re: Does a "charge" card hurt your score?

I just pulled my fico score (trans union) for the first time. Thankfully I am semi-pleased with the results :-). The only thing that concerns me is my charge card. It's an American Express green and I use it for almost everything. Therefore I usually have a high balance at the end of the month, anywhere from $1K - $4K. Now as this is a charge card I pay it off in a full at the due date. Is the fact that it's reporting such a high balance going to hurt my score?

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